. >> he was willing to let detroit go bankrupt. i think he saw it the bain way. i mean this sincerely. he saw it in terms of balance sheets and write offs. folks, the bain way may bring your firm the highest profits, but it's not the way to lead our country from the highest office. >> to help us separate fact from fiction is the "the washington post" fact checker. good to see you. good morning. as we did last week with mitt romney's speech we want to remind everybody you don't assign -- joe biden said mitt romney was willing to let detroit go bankrupt. >> there was a headline on an opinion article that romney wrote that used the word bankruptcy let detroit go bankrupt but he was talking about a managed bankruptcy, essentially what the obama administrations ended up doing. however most experts do say that if managed bankruptcy had been tried at the time romney suggested it, it probably wouldn't have worked. >> the vice president attacked mitt romney's tax plan. let me play that. >> governor romney believes it's okay to raise taxes on middle class by $2,000 in orde